Posts Tagged ‘HMRC tax help Manchester’

HMRC no longer accepting tax bills paid by credit cards

Thursday, January 4th, 2018

The introduction of new EU rules means that you can no longer pay your tax bills to HMRC by credit card.

Each year, almost half a million people spread the cost of their annual tax bill over several months by paying it on a credit card.  But from 13th January 2018, just 2 weeks before this year’s self-assessment tax return deadline – HMRC will now decline all personal credit card payments.

New EU rules now make it illegal for HMRC to pass on the 1.5% ‘processing fees’ which banks charge for transactions made by credit card.  And the new ruling doesn’t just apply to HMRC, but also to all businesses.

Before the ruling came into effect, there was some discussion on whether HMRC would cover the 1.5% cost itself, but this won’t now happen and many people will be taken by surprise at the speed of this decision – leaving them very little time to plan another way to cover their tax bill.

HMRC have sent out written warnings with annual tax bills recently, but the very short notice and timing of the ban is likely to cause those aiming to complete their tax return by the 31 January deadline many problems – especially with cash-flow.

Fortunately, for some, debit cards and corporate credit cards continue to be accepted.

If you need expert advice on completing your tax return self-assessment, by the 31st January deadline, please contact, or use the contact form here on our website.